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seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >> whow does taxing the rich hep the poor rise above poverty and get a job? let's talk to larry elder. he is the author of the great book, "dear father dear son". welcome back. how does taxing successful wealthy people help the poor get out of poverty. well for people who think like i think it doesn't make any sense. but understand something, that is not what this is all about. this is about squeezing the gap between the rich and the poor. if growth suffers, so be it. i mentioned this guy before. one of the biggest unions larry. he said in western europe, they may have higher unemployment but they have less inequality. this is what the agenda is all about. in a practical way, suppose you have a successful person. he or she want to build a house. to do that you might hire 15, 20, 25 people. you got a whole army of people who would go to work. but if you get taxed, you migh
their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. . >>> tens of thousands of protesters are still surging around egypt's presidential palace. nbc reporter joins us now with the details. good evening, eamon. >> reporter: the media is reporting that the country's commission has ordered a vote scheduled to begin tomorrow in embassies around the world on the country's draft constitution to be postponed until wednesday. this is a significant development because for the past several days protesters have been demanding that president mohamed morsi rescind the decree that gave him absolute powers he issued a few weeks ago. more importantly they were demanding that he delay a nation-wide vote scheduled to take place on december 19th on this disputed draft constitution. the decision to postpone the vote is an indication that the president is perhaps considering delaying the vote. on saturday he is expected to
. >>> now let's go from pizza to baseball. america's greatest pastime is also feeling the pain of the fiscal cliff tax hike. professional baseball players and major league owners in a fever pitch to finalize contract negotiations before year's end. brian shatner steps up to the plate now with that story. >> reporter: the potential for marginal tax rates to go from 35 to 40% is a big deal for major league baseball. i want to put it all in perspective. the minimum salary in major league baseball is just under $500,000 a year. right now we are smack dab in the middle of free agency. it's pretty clear players and agents are trying to get as much money as possible in 2012. just like special dividends we're actually seeing a lot of activity this week. usually baseball only gives big bonuses to draft picks. but on thursday when outfielder b.j. upton signed a $75 million deal with atlanta, what was included? a $3 million bonus. payable, mind you, by december 31st. it absolutely jumps off the page. his former teammate in tampa, evan longoria signed a $100 million extension. including in that 1 millio
. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> welcome back to "the kudlow report." in this half hour, michigan is really doing it. the statehouse just passed a bill to make that union stronghold a right-to-work state. we are about to talk to governor rick snider object it. . >>> and has a recession already started? believe it or not, that's the forecast of lakshman achuthan. he says it started in july. we're going to press him on all that. >>> now, a movement started by american majority action called fire boehner has been trending on twitter. . but there's really not one wit of serious evidence that mr. boehner has any problems holding on to his speakership or even conservative leaders in the house. here now to try to make this weak case is ron meyer. ron, first of all, i want to say that i commend john boehner for his valiant attempts to stop the fiscal cliff and to make a deal without giving up growth principles. but when y
. >> and they have the polls that show that. >> 98% of america would be affected by this. >> i don't favor it. but politics are politics. i get it. the election spoke clearly. the american people spoke clearly. many republicans are signing letters that it has to be a balanced approach and they have walked away from the no new taxes pledge and said they would support a balanced approach. >> i understand, dave, that this is not the reagan supply side conservative position. i'm not jumping up and down about this. meeting the fiscal cliff or avoiding it might not be a bad thing, but i want to ask you. we talked about spending cuts. 60 billion dollars budget. will we get that much of a spending cut to go along with the tax increases on the upper end and the tax extensions in the middle? >> the sequestration is its own silo. you and i may see, will they change the mix on spending reductions? i think the dollar amount stays. >> the dollar amount. so $60 billion, more or less. >> more or less. >> it's homeland security, not just defense. >> yeah. that's always been one of the mischaracterizatio misch
Search Results 0 to 4 of about 5